Europe Tag

UK exports of financial services to the EU reached an all-time high of £25.9bn in 2017, according to data released today by the Office for National Statistics.
A £3.5bn increase in the surplus on financial services was the largest driver of the UK’s services surplus last

The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London’s hopes of retaining its status as a top global financial centre.
Since Britain voted to leave the EU 22 months ago, some

Gordon Dadds, the legal and professional services firm, is urging businesses to get smarter in how they handle money laundering or face the wrath of HMRC with some hefty financial fines. It warns that the digitalisation of cash has led to increased risks to businesses

The UK's finance watchdog is set to meet with regulators from the US, Europe and Asia later this week to draw up plans to create a global fintech sandbox.
The Financial Conduct Authority launched its own sandbox in 2016, which provides a safe space for innovators

Fintech is now the firepower of innovation in the City.
Such innovation has driven a complete rethink in how firms, governments, and consumers across the world think about finance.
From streamlining capital markets, to debunking traditional insurance practices and offering completely new ways to bank, the UK

The Lord Mayor of London has written in today's CityAm about the future of London:
Today marks the start of a visit to continental Europe – to Spain and Portugal – where I have numerous meetings scheduled with government representatives and business leaders over the next

Despite Brexit, Microsoft is committed to keep investing in the UK, which remains one of the company’s most important markets worldwide. Last week, the company announced the opening of the Reactor, a new technology hub in London’s Shoreditch area which will welcome start ups, hackathons, meetups

London continues to be a major draw for international tech workers, despite Brexit.
According to data compiled by LinkedIn and Stack Overflow for London & Partners – the Mayor of London’s promotional office – the UK’s capital city remains the top choice technology for workers looking

The City of London’s policy chief has raised concerns that the EU “isn’t signalling receptive messages” on financial services, but has suggested the EU’s unity may deteriorate as negotiations progress.
Michel Barnier has drawn criticism from the UK for saying that financial services could not be